Purpose

The Cyprus foreign exchange market has developed over the years into a market with a certain degree of international influence. Thanks to its relatively relaxed financial regulatory policies and well-established financial infrastructure, it has attracted numerous international forex brokers to operate here. To help investors or practitioners gain a more comprehensive understanding of forex brokers in this region, an on-site inspection team conducted field visits in Cyprus.

Process

The on-site inspection team visited the forex broker Ezdengon in Cyprus as planned. According to public information, its office address is Agiou Sergiou 12, Larnaca 6047, Cyprus.

A professional and experienced on-site inspection team, driven by a sense of mission to rigorously safeguard investors' interests, meticulously planned and traveled to Cyprus to conduct an on-site verification of the dealer Ezdengon claiming to be located at Agiou Sergiou 12, Larnaca 6047, Cyprus.

The inspector successfully arrived at the area of the address. There are some residential buildings around the location, with a relatively quiet environment and average commercial atmosphere. After a thorough search in the vicinity, no company logo or relevant information of the dealer Ezdengon was found.

The field investigator discovered a building in the area. Upon entering the lobby, they explained their purpose to the security personnel and, after a brief discussion, obtained permission to enter the building.

Upon arriving at the target floor, the field investigator found no clear signage indicating the office area of Ezdengon. Since the address was actually a private residence, the investigator could not enter the so-called company premises. They were also unable to photograph the reception desk and its logo, and the location was not a shared office space.

Through observations of the internal environment of the building, no signs related to Ezdengon were found, and the overall situation does not match its claimed office address location.

Therefore, after on-site verification, it is confirmed that the broker Ezdengon does not exist at the above address.

Conclusion

The inspection team visited the forex broker Ezdengon in Cyprus as planned. At the publicly displayed business address, no information such as the company name of the broker was found, indicating that the broker does not have a genuine business premises. Investors are advised to make their choices after comprehensive consideration.

Disclaimer

The above content and views are for reference only and should not be taken as the final basis for selection.